On 8 July 2024, the boards of Britvic and Carlsberg announced that they had reached agreement on the terms of a recommended cash offer to be made by Carlsberg to acquire the entire issued and to be issued ordinary share capital of Britvic to be affected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006. Britvic Shareholders on the register of members at the Scheme Record Time, being 6.00 p.m. on 16 January 2025, will receive 1,315 pence for each Scheme Share in cash. A special dividend payment of 25 pence per Scheme Share which will be paid by Britvic within 14 days of January 16, 2025, date, being no later than 30 January 2025.